TechFlow news, on November 22, according to PRNewswire, Nasdaq-listed mF International announced a private placement (PIPE) of 50 million shares of Class A ordinary stock at $10.00 per share to qualified institutional investors, along with pre-funded warrants, raising $500 million. The financing transaction is expected to close on December 1, and the proceeds will be used for general corporate purposes, as well as to purchase Bitcoin Cash and establish a related digital asset treasury.
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